Coronavirus

By Lori Ranson
Hawaiian Airlines is reinstating service on several routes to the U.S. mainland now that Hawaii is lifting its 14-day quarantine requirement for out-of-state travelers, providing they have already tested negative for COVID-19 prior to traveling.
Airports & Networks

ALASKA secured $1.2b in private loans via an EETC offering using 61 owned aircraft (26 737-800s/16 737-900ERs/19 E175s) as collateral, to remain
Air Transport

EL AL had $140m net loss in 1Q20 (vs $55m loss in 1Q19) on 25% lower revenues and has decided to extend suspension of flight operations through July
Air Transport

By Linda Blachly
The global COVID-19 pandemic—which has wreaked havoc with the plans of millions of travelers—has also created severe knock-on effects for airlines and cabin interior manufacturers. Even though more than half of the world’s passenger fleets are back in service, it is clear the airline industry is not likely to recover fully for at least two to three years.
Interiors & Connectivity

By Kurt Hofmann
El Al Israel Airlines has stopped all flying until July 31 while the outcome of drawn-out discussions with the Ministry of Finance regarding a $400 million state-guaranteed loan remains unclear.
Airlines & Lessors

By Ben Goldstein
United Airlines will add close to 25,000 flights in August, as it cautiously restores capacity in response to steadily increasing domestic travel demand.
Airlines & Lessors

With so much going on within the aviation sector we want to know your views on the key topics and stories.
Air Transport

BBAM mandated Mitsubishi UFJ Financial Group to provide financing for three A321-200s and one 737-900ER leased to Delta.
Air Transport

NBAA cancelled its 2020 Business Aviation Convention & Exhibition, which had been scheduled for October 6-8 in Orlando.
Business Aviation

BLACKROCK, NY acquired 5.5m preferred shares of GOL, Brazil, increasing it ownership to 5.25% of the total preferred shares.
Air Transport

AMERICAN is reducing planned long-haul international capacity for winter 2020-summer 2021 to be about 25% vs 2019.
Air Transport

By Karen Walker
A huge hole in airline efforts to reassure passengers and crews that flying is safe was exposed this week during a US Senate hearing on the pandemic
Air Transport

EASYJET has begun process to close bases at Stansted, Southend and Newcastle, according to news reports out of UK.
Air Transport

By Victoria Moores
Lufthansa has teamed up with two medical companies to offer COVID-19 testing at its Frankfurt and Munich hubs, which may avoid 14-day quarantine
Air Transport

IATA reports year-over-year global pax traffic decreased 91.3% in May on 86% lower capacity; cargo traffic fell 20.3%.
Air Transport

By Jens Flottau
FRANKFURT—IATA warns that a recent rise in COVID-19 cases has already weakened bookings in the second half of June and could severely impact the expected recovery of air travel.
Airlines & Lessors

HAWAIIAN received US DOT approval to suspend service to American Samoa through July 31 under exemption to CARES Act.
Air Transport

UNITED is tripling size of its August schedule vs June 2020 by adding 25,000 domestic/international flights vs July 2020; it plans to fly 40% of
Air Transport

By Alan Dron
UK-based Virgin Atlantic said July 1 that it was continuing to work on “a comprehensive, solvent recapitalization of the airline” to ensure it could continue to provide “essential connectivity and competition” for consumers and businesses.
Airlines & Lessors

TURKISH AIRLINES sold two GTF-powered A321neos (9157/9326) to SMBC Aviation Capital, and leased them back.
Air Transport

FACC secured €150m in new financing via €90m bond redemption and €60m line of credit from Austrian Kontrollbank (OeKB).
Aerospace

By Alan Dron
LONDON—UK ULCC easyJet plans to make more than 700 pilots redundant and close three of its British bases as it downsizes in the face of the novel coronavirus crisis.
Airlines & Lessors

By Karen Walker
Ask the Editors: Airports are revamping their check-in process to create a safer, contactless environment for travelers.
Airports & Networks

By Victoria Moores
Dubai Aerospace Enterprise (DAE) has granted lease-payment deferrals to a further four customers and is evaluating another 28 requests, taking the total number of approaches to at least 58.
Airlines & Lessors

AEROMEXICO filed voluntary Chapter 11 in US to restructure.
Air Transport